Brazilian investment bank BTG Pactual is set to announce the acquisition of Swiss private bank Julius Baer's local unit in a deal worth about 1 billion reais ($163.6 million), newspaper O Globo ...
Julius Baer Brazil had assets under management of of 61 billion reais as of the end of November 2024, it said.
Julius Baer said on Tuesday it had agreed to sell its Brazilian domestic wealth management business to Banco BTG Pactual, days before Stefan Bollinger takes over as chief executive after a difficult ...
Fernando Vallada, Julius Baer Group Ltd.’s chief executive officer for Brazil, is expected to stay at Banco BTG Pactual SA after the Brazilian bank acquires the business from the Swiss wealth manager, ...
Julius Baer Brazil serves high and ultra-high-net-worth clients in São Paulo, Belo Horizonte, and Rio de Janeiro.
Julius Baer Group said on 7 January it has agreed to sell its domestic Brazilian wealth management business, Julius Baer ...
(Julius Baer Brazil), to Banco BTG Pactual S.A. (BTG). Julius Baer will continue to service Brazilian clients out of other locations and as such, the Brazil International business remains unaffected.
Banco BTG Pactual SA, the biggest independent investment bank in Latin America, is close to a deal to acquire Julius Baer Group Ltd.’s Brazil unit, according to a person familiar with the matter.
Goldman Sachs noted that wealth management provides "an important source of recurring revenues" for BTG, saying the 61 billion reais managed by Julius Baer in Brazil represent 7% of the bank's ...
SAO PAULO, Jan 6 (Reuters) - Brazilian investment bank BTG Pactual is set to announce the acquisition of Swiss private bank Julius Baer's (BAER.S), opens new tab local unit in a deal worth about 1 ...
Julius Baer opened an office in Brazil in 2005 and after that bought two of the biggest family offices in the nation, GPS and Reliance, merging the firms in February 2020 and creating an entity ...